Aquatic Capital Management LLC Buys 12,728 Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Aquatic Capital Management LLC boosted its position in Charter Communications, Inc. (NASDAQ:CHTR - Free Report) by 62.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,248 shares of the company's stock after purchasing an additional 12,728 shares during the period. Aquatic Capital Management LLC's holdings in Charter Communications were worth $11,396,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Avior Wealth Management LLC boosted its position in Charter Communications by 104.7% in the fourth quarter. Avior Wealth Management LLC now owns 88 shares of the company's stock worth $30,000 after purchasing an additional 45 shares during the last quarter. Sierra Ocean LLC purchased a new position in Charter Communications in the fourth quarter worth about $32,000. Generali Asset Management SPA SGR purchased a new position in Charter Communications in the fourth quarter worth about $36,000. Brown Brothers Harriman & Co. grew its stake in shares of Charter Communications by 37.7% during the 4th quarter. Brown Brothers Harriman & Co. now owns 106 shares of the company's stock valued at $36,000 after acquiring an additional 29 shares during the period. Finally, Wingate Wealth Advisors Inc. bought a new stake in Charter Communications during the 4th quarter worth approximately $45,000. 81.76% of the stock is owned by hedge funds and other institutional investors.

Charter Communications Trading Up 0.9 %

Shares of NASDAQ:CHTR traded up $3.22 during trading hours on Monday, hitting $376.87. 1,929,658 shares of the company's stock traded hands, compared to its average volume of 1,251,887. Charter Communications, Inc. has a 1 year low of $252.93 and a 1 year high of $415.27. The business has a fifty day moving average price of $355.67 and a 200-day moving average price of $359.20. The firm has a market capitalization of $53.50 billion, a P/E ratio of 10.78, a price-to-earnings-growth ratio of 0.44 and a beta of 1.13. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.31 and a quick ratio of 0.31.

Charter Communications (NASDAQ:CHTR - Get Free Report) last posted its quarterly earnings results on Friday, April 25th. The company reported $8.42 earnings per share for the quarter, missing the consensus estimate of $8.70 by ($0.28). Charter Communications had a net margin of 9.23% and a return on equity of 29.01%. The company had revenue of $13.74 billion for the quarter, compared to the consensus estimate of $13.67 billion. During the same period in the prior year, the firm posted $7.55 EPS. The business's revenue was up .4% on a year-over-year basis. Equities analysts expect that Charter Communications, Inc. will post 38.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CHTR shares. Loop Capital increased their price objective on shares of Charter Communications from $385.00 to $430.00 and gave the stock a "hold" rating in a research note on Monday. Royal Bank of Canada raised their price target on Charter Communications from $385.00 to $395.00 and gave the company a "sector perform" rating in a report on Monday. Citigroup raised their price target on Charter Communications from $425.00 to $445.00 and gave the company a "buy" rating in a report on Monday. Barclays raised their price target on Charter Communications from $315.00 to $320.00 and gave the company an "underweight" rating in a report on Monday, February 3rd. Finally, Morgan Stanley raised their price target on Charter Communications from $385.00 to $415.00 and gave the company an "equal weight" rating in a report on Monday. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $399.35.

Charter Communications Profile

Charter Communications, Inc operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.